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WPG News and Press, Washington Prime Group Inc. From 02/02/21

Stock Information

Company Name: Washington Prime Group Inc.
Stock Symbol: WPG
Market: NYSE
Website: washingtonprime.com

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WPG - JRJC among financial gainers, LACQ and SIEB among losers

Gainers: China Finance Online (JRJC) +16%. Newmark Group (NMRK) +16%. Silvergate Capital (SI) +14%.Losers: Leisure Acquisition (LACQ) -23%. Siebert Financial (SIEB) -13%. Washington Prime Group (WPG) -12%. Tuscan Holdings (THCB) -12%. For further details see: JRJC among financial gainer...

WPG - Data center REITs buoy real estate sector advance in Monday trading

While real estate stocks look relatively strong in Monday's trading, most of the gains are coming from the data center REIT sector.The Global X Data Center REITs and Digital Infrastructure ETF (VPN) climbs 3.4% in early afternoon trading in New York; by name Crown Castle Internation...

WPG - THCB leads financial gainers, LMFA and SIEB among losers

Gainers: Tuscan Holdings (THCB) +33%. Star Peak Energy Transition (STPK) +24%. A-Mark Precious Metals (AMRK) +22%. CURO Group Holdings (CURO) +19%.Losers: Siebert Financial (SIEB) -16%. Lion Group Holding (LGHL) -15%. LM Funding America (LMFA) -12%. The Macerich (MAC) -11%. Washington Prime G...

WPG - REITs Squeezed As Earnings Begin

U.S. equity markets posted their worst week since October amid an ongoing "short squeeze saga" that raised questions regarding market stability, overshadowing a strong week of earnings reports and economic data. Impacted by the fallout from the ongoing battle between institutiona...

WPG - REITs Getting Short Squeezed

The breathtaking surge in GameStop - along with a swelling number of heavily-shorted stocks - has sent shockwaves through financial markets amid an ongoing battle between institutional and self-directed investors. Initially set into motion by a sharp vaccine-driven rally from many "CO...

WPG - Western Colorado's Retail Powerhouse Mesa Mall Continues Transformation with First to Market Dick's Sporting Goods

Washington Prime Group Inc. (NYSE: WPG) today provided an update on adaptive reuse initiatives at Mesa Mall in Grand Junction, Colorado. Dick’s Sporting Goods, with its first location in Grand Junction, will replace the space formerly occupied by Herberger’s, and construct...

WPG - Why Shares of Tanger, Macerich, and Washington Prime Jumped as Much as 23% Today

After a fairly uneventful morning, shares of Tanger Factory Outlet Centers (NYSE: SKT) rose a dramatic 23% in afternoon trading on Tuesday. And it wasn't the only mall-focused real estate investment trust (REIT) to rocket higher, with The Macerich Company (NYSE: MAC) ...

WPG - REIT Earnings Preview: Rents Paid, Dividends Raised

Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed rents and dividend cuts were the prevailing themes in the REIT sector in mid-2020, the v...

WPG - Washington Prime Group Announces Tax Reporting Information for 2020 Distributions

Washington Prime Group Inc. (NYSE: WPG) today announced the 2020 tax reporting information (Federal Form 1099) for distributions as shown below. The distributions relate to its common shares, Series H Cumulative Redeemable Preferred Shares of Beneficial Interest and Series I Cumulative ...

WPG - The Next GGP And Why Lenders Won't Force PREIT To Liquidate Any Time Soon

Lenders will act rationally and in their self-interest, and therefore will not force a liquidation so shortly after PREIT's emergence from Chapter 11 restructuring in this distressed market. In the worst case scenario, the downside risk for common and preferred shares are similar, wit...

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